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Last updated on Thursday, May 8, 2008
(INDIANAPOLIS) - It’s a program to encourage Hoosier businesses to give their employees a slice of the pie.
State Treasurer Richard Mourdock unveiled the IEI Thursday - Indiana's employee stock ownership program (or ESOP) initiative.
About 200 companies in Indiana let their employees have a piece of ownership. Mourdock is asking banks across the state to get involved and his office is investing $50 million into the effort.
The goal is to get more companies to keep business and jobs in the Hoosier state.
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